2021 UEM Edgenta Annual Report

UEM EDGENTA BERHAD ANNUAL REPORT 2021 1 2 3 4 5 6 7 GOVERNANCE 131 130 CORPORATE GOVERNANCE OVERVIEW STATEMENT CORPORATE GOVERNANCE OVERVIEW STATEMENT LEADERSHIPS AND CULTURE CODE OF CONDUCT ALIGNMENT OF STRATEGY AND PRIORITIES ACROSS THE GROUP GENERAL MANAGEMENT COMMITTEE CORE VALUE POLICIES AND PROCEDURES CODE OF CONDUCT ETHIC • INTEGRITY • ACCOUNTABLITY Regulations • Anti-Competition • Data Privacy & Protection • Intellectual Property & Confidential Information • Money Laundering & Terrorism Financing Working with External Stakeholders • Bribery & Corruption • Gifts & Business Entertainment • Dealings with Government & Local Authorities • Working with Suppliers & Business Partners At the Workplace • Work Culture • Conflict of Interest Anti-Bribery and Anti-Corruption Policy Statement Whistleblowing Policy Sustainability Policy Corporate Responsibility Policy Anti-Bribery and Anti-Corruption Guide Corporate Disclosure Policy Social Media Policy Conflict of Interest Procedures & Conflict of Interest Declaration Guide RISK MANAGEMENT AND INTERNAL CONTROL FRAMEWORK KEY FEATURES OF RISK MANAGEMENT FRAMEWORK Establish context Clarify objectives Identify risks Assess risks Monitor, review & report risks Communicate Respond to risks Policy & review Information & risk reporting RISK APPETITE the amount of risk that the Company is prepared to accept or retain in pursuit of its business objectives and value Risk Assessment Methodology Risk Governance and Structure GROUP GOVERNANCE STRUCTURE AND POLICIES & PROCEDURES Strategic Management Investment and Divestment Revenue Related - Contracts/Project and Tender Procurement and Expenses Human Capital Matters Secretarial Matters Legal Matters Finance and Treasury DISCRETIONARY AUTHORITY LIMITS AUTHORITY AND DECISION LIMITS WITHIN THE GROUP Members • Chaired by Managing Director/Chief Executive Officer (MD/CEO) • Comprised of senior management team members from respective divisions Key Roles • Drive strategic execution • Deliberate and resolve the Group’s key strategic & operational issues in a timely manner • Keep track of key business developments • Monitor the Group’s strategic direction • Platform for members to report their respective business and operation plans to the MD/CEO • Highlight issues and devise solutions/corrective plans • Address other matters as directed by the Board and/or the MD/CEO Note: Corporate Governance Framework is applicable to UEM Edgenta Berhad and its subsidiaries only. Board of Directors Board Governance and Risk Committee Risk, Integrity & Compliance Department Risk Owners (Company/Joint Venture/Business Unit/ Division/Department/ Function/Project/ Process & etc.) Risk Management Committee Risk Management Unit Committee

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